The National Security and Defence Council (NSDC) has approved its secretary Oleksandr Turchynov's proposal to increase defence spending in 2018 up to 163.268bn hryvnyas(6.258bn dollars).
"Based on the Ukrainian NSDC decision, budget spending on defence next year will reach 163.268m hryvnyas, including 156.893m hryvnyas from the general fund and 6.375bn hryvnyas from the special fund," he said.
Priority funding will go towards developing new arms and weapons, including high-precision missiles and artillery, armoured vehicles and ammunition; creating and manufacturing ammunition and special chemicals.
Special attention will also be paid to combat training, border equipment and cyber security.